[3] When deemed necessary, the Planning/Zoning Board may require an escrow for minor development matters

(b) Within thirty (30) days after the filing of an application for development, the Planning Board and/or Board of Adjustment, as the case may be, shall, in conjunction with an appropriate representative of the staff of the Township of Wayne, review said application for development to determine whether the escrow amount set forth in Subsection M(l)(a) above is adequate

[1] In conducting such review, said Board shall consider the following criteria.

[a] The presence or absence of public water and/or sewer serving the site.

[b] Environmental considerations, including but not limited to geological, hydrological and ecological factors

[e] Traffic impact of the proposed development

[d] Impact of the proposed development on existing aquifer and/or water quality

[2] Upon completion of said review and within said thirty-day period, the board shall adopt a resolution specifying whether the escrow amount specified in Subsection M(l)(a) is sufficient, excessive or insufficient. In the event that the Board shall determine that said amount is excessive, it shall in the resolution specify the amount that shall be deemed sufficient In the event that the Board shall determine the amount specified in Subsection M(1)(a) is insufficient, it shall so specify and shall farther set forth the amount required to be posted in light of the criteria specified herein,

(2) Posting of escrow funds

(a) No application for development shall be deemed complete until such time as the applicant shall haw posted with the Township of Wayne in cash or certified check the amount of escrow deposit determined by the Planning Board and/or Board of Adjustment to be required in accordance with the provisions of this chapter

(b) All such escrow funds shall be utilized by the appropriate Board to pay the cost of professional services, including certified shorthand reporting fees, incurred by the Board for review and/or testimony in connection with the particular application for development All sums not actually so expended shall be refunded to the applicant within thirty (30) days after the final determination by the appropriate Board with respect to such application

(3) Deposit of escrow fund, interest-bearing account. The Township of Wayne shall deposit all funds pending completion and review of the development application Said money shall be- placed in an interest-bearing account In the event that a refund is to be made to the applicant, the municipality shall refund with prorated interest the said amount within thirty (30) days from the date of final approval

N. Wireless Telecommunication Application Fees

In addition to the fees related to conditional use applications if applicable, and public hearing fees, any application for wireless telecommunication shall be subject to the escrow provisions of this chapter if deemed necessary by the reviewing Board and, in addition to the foregoing fees, shall pay a fee of $1,000.00.

**Webmasters Note: The previous subsection has been added as per Ordinance No. 60-2003.

[Added 4-6-1988 by Ord No 15-1988; amended 6-7-1989 by Ord No 381989]

A.Prior to receiving final subdivision or formal site plan approval, the applicant shall remit payment to the township of all applicable stream and maintenance fees, which fees are set forth in the schedule below

(1) Fees per buildable residential lot

(a) Zone AA six hundred thirty dollars ($630)

(b) Zone A four hundred eighty dollars (MO)

(c) Zone B two hundred fifty-two dollars ($252)

(d) Residence B-1 one hundred eighty-four dollars ($184).

(2) Fees for buildable lots contained within all other zones shall be calculated by the Township Engineer based upon the following formula one cent ($0.01). multiplied by the square footage lot area, multiplied by the ratio of the improved C factor as set forth in the A.S.C.E Technical Manual No 37, Page 51, divided by twenty-five cents ($0.25)

B. The above fees may be waived by the governing body upon application by a qualified tax-exempt nonprofit organization for a waiver from the requirements of this chapter. Said waiver may be granted in the sole discretion of the governing body at the conclusion of a hearing at which the qualified tax exempt nonprofit organization shall furnish substantial evidence to support its application for a waiver